Ad Here  
TN – agglomerate land holdings without alienating ownership Fortune for Indian Airlines A professional at the helm of IRDA... Polls and promises When Ratan Tata visited SRM R Sridhar steps down as CEO of Shriram Capital For whom the bell tolls? Shale gas and its shallow future Lalu’s envy, India’s pride Marketing expert Balagopal is no more PPP mode for upgrading Corporation Hospitals Secularism and anti-Hinduism Naidu will soon build a new Hyderabad Recognition to role of NBFCs.... Editor's Notes Build close rapport with business leaders Airlines in India: cost and space Eternal support for capitalisation of PS banks Sweeter prospects for sugar Solar, solar everywhere … Align crops to agro climate endowments… Road development slows down Which side are you, Montek? Strengthen the base... Varuna (rain) in 2015; Vaayu (air) in 2016. Chennai devastated Tribute – Manikam Ramaswami Mersal magnified Measuring roof tops in terms of KW/MW Limit foreign borrowings to hi-tech, export potential projects... Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai Another Indian music maestro at the UN There was flood of milk. Reason: no milk commissioner! When TN politicians can emulate Kerala's Building loyalty through the stomach Music happens How Air-India loses customs... Dr C Rangarajan returns to Chennai Wise Presidents …and of a popular trade leader Banning booze... to the lack of interest on the part of these to focus on original research. This despite the much lower costs of such research in India. The industry which thrived on the protection of a closed economy and the advantage of a vast domestic market, has failed to organise its evolution on healthy lines Tatas moving out of urea production... A welcome initiative by the judiciary Gas is the way forward Medical costs hit the roof... Sweet news for TN sugar mills GNS - 100: our first subscriber Discoms deserve better… Modi and the lady Focus on quality of power - its only around 170-180V When online building permits work…. Padma Bhushan for A Ramakrishna Where is Rajaji? Like Hinduism: many paths to reach God... F C Kohli - his concerns all embracing Air Asia India will set new benchmarks for budget travel The rise and rise of KCP Delhi is distant Roaring Ro-Ro facility Land reclamation from sea appears cheaper! He saved millions from starvation... A glass full of corruption IAS invades NDDB... IPL - no surprise this scam Protest masters... Whistle-Stop Tour of Raghuram Rajan Computation of GDP – conundrums continue A rich pool of talent not utilised…. Nuclear power at the nucleus The few handicaps... More tributes to GR Valli, they are more marginalised The nuclear option A yen for wastage… A more liberated TN… Wanted: a second airport for Chennai When the President was rendered homeless… Scientists urged to take up farmer-oriented research Tribute – M V Murugappan Things happen by accident and not by design... Kulandai was a giant Naidu’s return augurs well for Seemandhra Plummeting profits of PSBs ONGC at KG Basin A friendly business group The sea- saw battle continues... Five star activism stalls development activity Bihar elections - the Rajaji formula worked An inexplicable neglect Delhi Chalo... Contrarian cousins Fortune 500 review S Ramanathan – a versatile musician, musicologist Cutting the nose to spite the face IPL type auction for VCs? Gay abandon in pricing A Grand Finale for SN’s MS centenary at the US… Robber barons everywhere Cement prices continue to rise… No Maha Koottani in TN... Liberal imports idling indigenous capacities Tribute Fuel for thought Lesson from Chandrababu Naidu Revving up the manufacturing sector An enemy’s enemy is a friend Small units prefers to remain small... TIAM turns a full cycle Remembering Indira Sivasailam... The Ports’ Pasha expands into Tamil Nadu Where a state respects its litterateurs… The star of Spencers is no more EEC at the National Media Centre The why of tax incentives The ‘Jayanthi Tax.’ TELANGANA at last…BUT Shaming of Tamils by Tamil farmers at Delhi Silver Years of Madras Musings Readers' Mail Tatas moving out of urea production... The rise and fall of Annamalai University Poor quality of university VCs Solar thermal shines… Alexa – Talking Wikipedia CRS, a jewel among managers, is no more. Intellectual of rare qualities B H Kothari - a tribute Quality silica from Neyveli TN accounts for the largest recruits by the IT sector Poor representation for Kerala and TN in Cabinet Sri Lanka votes for change No engine for this car Streamlining mandatory third party cover Kinetic Karnataka Breaththrough in malaria control Parliament in paralysis... Tihar, Puzhal not different from Parappana Agrahara CIPET hqrs to stay at Guindy – for the present? Welcome changes that testify to Jayalalithaa’s return to health When small is no larger beautiful.. Revive development banks... The Swadeshi Trump Online not in line with brick and mortar businesses... S V Raju – a ‘good’ true liberal Preserving for the future The balancing act Make standards certification mandatory... More Shakthi to Das’ elbow Modi storms Silicon Valley EVM is tamper-proof PC’s preference for professionals Waning interest in public discussions… Tax agriculture TGS- The king storyteller Editor's Says More heat than light Boy, can you beat these? Muffled voices for merit… TN-leverage strength of BHEL, NLC... Inflation: are we emulating Argentina and Brazil? Tough task taking states together For whom the MIDS bell tolls? Come elections, come advertisements... Of course, Gujarat is vibrant Cleaning Ganga – relocate tanneries and install electric crematoria Towards speedy justice Permanent secretariat for TN GIM No mega rail project for Tamil Nadu Paytm karo... When nations steal growth from one another… MHC should not return to its old indisciplined ways Moily’s bold thrust Telangana in top gear… Shanti and Sadhana through Music New IT products of Ramco in the pipeline… Adharma of opposition politics Why this malaise in medical education? Godspeed, Chief Minister JJ More Shakti to resource mobilisation... WTO Meet: resolved to meet again Auto components surge… L&T: focus on infrastructure and more infrastructure… Colour-Chem’s colourful KRVS Don’t seem to feel the pulse… Welcome focus on core competence SoA @ 80 Delhi returns to BJP Pharma – overdose of copying The ‘Ayyo-yes’ is no more Reliance’s TV – 18 ready to launch Tamil News Channel Convulsions in The Hindu Adapt Vajpayee dinner diplomacy Engineering seats go abegging China invests in India All eyes on Sankara Nethralaya A proud Madrasi This scant respect for Law Russi Mody – a tribute Fall in crude prices help in oil sector reform Why land prices zoom in TN? Welcome GST He continues the focus on social amelioration Maximising the micro pricing … West Bengal: mindless malignancy The Gulf aviation boom Increasing non co-operation of state leaders Noble nonagenarians... CSR and CMI: promise of another Srinivasan Ramanujan... Not just in-laws (and outlaws); they’ve renowned academics at the helm! Return to king coal for urea... CII projects higher growth… A Grand Finale for SN’s MS centenary at the US… Diamond jubilee of Egmore Samskrt School Insurance companies bleeding, yet no decision on increasing FDI limit! Should we change the official year? Odisha: spectacular win by Naveen Patnaik A C Muthiah – his munificent bequeaths to science The Jan Dhan bonanza The brown list of Venkitaramanan Demise of a media baron... Vibrant Gujarat Mu Sigma – is no more Infrastructure funding – lessons learnt A think tank for Chennai Multi-faceted Venkat Haul over the coal Excel Generators provide the vital back-up L&T- the specialty of special purpose vehicles Funding the un-funded Rahman at CIC Tribute – UCAL Selvan… Making ‘my Amaravati’... London, London Narayan The power-full Hindujas Kudos to NDTV... An informal presentation - analytical, forward locking... Bihar – Nitish Kumar adopts the Lalu model Quality education through the PPP mode Delhi is distant… GM Technology at last! Welcome thrust on trade in Modi’s foreign visits... Put expensive assets created to use... Shipping woes of Chennai companies Rs.1600 crore paper board plant of TNPL
Not just in-laws (and outlaws); they’ve renowned academics at the helm!

At the 150 year celebration of the Madras University the renowned educationist Dr M Anandakrishnan was asked: “when will an Indian University gain the renown of a Stanford, Harvard, MIT or Cambridge university?” The former Vice Chancellor of Anna University responded that in the present scheme of things this is unlikely for quite some time. He pointed to higher education in our country outside government is largely an edu-business: “these were promoted and owned by families of politicians, real estate barons or other sundry businessmen. Rarely one finds an educationist heading or managing a higher educational institute. He pointed to the Provost or President of MIT, Princeton or any prestigious Business School invariably a renowned academic. And contrasted it with the sons, daughters or in-laws (and outlaws) functioning as the pro-chancellors and vice chancellors of our educational institutions!

Happily some rules have changed making it mandatory to appoint only academicians of some standing as vice chancellors though the characters of most of these institutions continue as money making edu-business.

For state-owned universities in Tamil Nadu the political leadership in power decides the process of selection  and hence the person for the post. The short tenure compounds the deficiency.

One finds vast difference between the fees charged by government-owned institutions and those run by private businessmen. Huge capitation fees have been collected, mostly in black. A few of these, bestowing care on quality faculty, have earned a reputation and hence better custom. These have invested on rich infrastructure.

SRM University and allied institutions are perhaps the most visible examples of the prosperity of the education business. The promoters have expanded in several directions ranging from multi-specialty hospitals, software, television and print media.

While most other private institutions of higher education are diversions from politics to education (eg. VIT, Sathyabama), the SRM promoter seems to play the reverse role: from education to politics. How adroitly he presented Narendra Modi for the latter’s campaign for the Lok Sabha elections and also had him as the chief guest at the university convocation. Like The Hindu’s N Ram sensing the change in mood of the nation and hosting a private dinner for A B Vajpayee before the elections in 1998, putting aside his Mani Shankar Ayyar like aversion to the RSS and BJP!


Author :
Reported On :
Sector :
Shoulder :
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
S-15, Industrial Estate,
Chennai - 600 032.
PHONE: +91 44 22501236